Eddie3026

GBP/JPY, Sell Limit potential

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FX:GBPJPY   英鎊 / 日圓
Daily: Price is trending to the upside, above the 100 and 50 EMA, Price is within a bullish structure leg, and currently sitting on the 50 EMA as support.

Neutral on the forex screener.

4H: Currently below the 50 and 100 EMA's and broken 4H structure to the upside, technically the 4H is bullish until it breaks 4H and d Structure.

1H: Price is below the EMA's and closed down the NFP imbalance candle. ideally, price will retrace to the 1H strong supply to continue the move to the downside.

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